SOLD-Southern California Benefits Agency for Sale

SOLD ‘Q4 2023

Southern California Benefits Agency for Sale

Irvine, CA (Orange County)

Seller Financing Available

Asking Price: Best Possible Offer

Cash Flow: $100,000

Gross Revenue: $230,000

EBITDA: see CIM

FF&E: N/A

Inventory: N/A

Established: 2003

Employees: 1

Business Description
A mix of group health, individual health insurance, and medicare. Group health clients are small groups from a diverse set of industries. Many clients have been with the Company long term – some even predate the formation of this Company, having been with the Owner previously.
NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
Currently in a shared office with a lease that ends June 30th. Can be moved to Buyers current location or go remote.

Competition:
The market is fragmented with plenty of small businesses competing for group health business in Orange county.

Growth & Expansion:
This is primarily a renewal book. Continue to take care of the clients as their businesses continue to grow. Also potential cross sell opportunities.

Financing:
Cash sale preferred. Seller may be open to some financing depending on the offer and structure.

Support & Training:
None.

Reason for Selling:
Owner passed away.